AsiaCredit Bank (Kazakhstan) announces concluding of non-arm's length deal

07.06.13 14:48
/KASE, June 7, 13/ – JSC "AsiaCredit Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of having concluded a non-arm's length deal: quote 1) date when the joint-stock company's body took a decision to conclude the deal – May 31, 2013. 2) value of underlying asset – not applicable. 3) date of the most recent valuation of the underlying asset – not applicable. 4) percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets – not applicable. 5) main substantial terms of the deal – Agreement on issue and service of a plastic card on standard terms. 6) deal conclusion date – May 31, 2013. unquote [2013-06-07]